Verizon Inks Mobile Streaming Deal with NFL

Verizon Inks Mobile Streaming Deal with NFL

Verizon Inks Mobile Streaming Deal with NFL

"We have been confident in the value of our content", said NFL Commissioner Roger Goodell.

The companies said Monday that Verizon's properties, including Yahoo Sports, will stream in-market and national games, including national pre-season, regular season, playoff games, and the Super Bowl nationwide to sports fans - regardless of mobile network.

Verizon and the National Football League have reached a new five-year deal to extend their streaming rights arrangement, though the wireless carrier will lose exclusive rights to the streams. That means you're still limited to whatever your local Fox or CBS station would be airing on TV; DirecTV still has an exclusive grip on out-of-market games. The NFL has previously worked with Yahoo on streaming individual matches, as well as with providers such as Amazon and Twitter.

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Verizon Communications Inc. shares were trading at $51.71 per share on Monday afternoon, up $0.62 (+1.21%).

"We're making a commitment to fans for Verizon's family of media properties to become the mobile destination for live sports". Some streaming services are even betting on the fact that many would prefer to pay less for access to TV by removing the costly channels carrying live sports, as is the case with newcomer Philo. The big difference between this contract the company just inked and the last one is that the last one applied only to mobile phones, whereas this new one will allow for games to be watched on more devices and platforms. The current pact expires after this season. Verizon will be able to sell ads against all the games except Sunday out-of-market games.

In exchange for offering the National Football League expanded access across its digital properties, Verizon will work with individual National Football League teams to implement its "Smart Stadium" technology to provide teams with internet services that improve stadium operations.

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